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People moves news

Singh appointed as head of issuer services


03 October 2014 London
Reporter: Stephen Durham

Generic business image for news article
Image: Shutterstock
Deutsche Bank has appointed Ajay Singh as global head of issuer services within the institutional cash and securities services business that forms part of the bank’s global transaction banking division.

Institutional cash and securities services, led by Satvinder Singh, was formed in July 2014 as part of the realignment of global transaction banking’s cash management for financial institutions and securities services business units.

Business lines include institutional cash, investor services and issuer services.

Issuer services, which includes the corporate trust, global equity services and corporate services business areas, provides corporates, financial institutions, hedge funds and supranational agencies around the world with trustee, agency, escrow, depositary receipts, and related services.

Ajay Singh moves to global transaction banking from the corporate banking and securities division where he was previously head of listed derivatives.

Prior to joining Deutsche Bank in November 2011, Singh spent 15 years with Goldman Sachs in their listed derivatives and OTC clearing businesses.

Ajay Singh will be based in London and will report directly to Satvinder Singh.

Satvinder Singh said: “I am personally very excited to have Ajay join the team. He is a highly-regarded industry expert who sits on various exchange, risk and industry boards.”

“His experience as head of listed derivatives will be crucial in continuing the growth trajectory of our issuer services businesses.”

“Furthermore, Ajay will leverage his significant networks, both internally and externally, to build deeper relationships with our clients.”
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